Amended Compensation Sample Clauses

Amended Compensation. Compensation for Services during the Term shall be payable in accordance with the schedule and method as set forth in the “Pricing for Services Exhibit”, which is attached to the Original Agreement and incorporated herein as Exhibit
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Amended Compensation. Section 3(b) of the Employment Agreement is amended to read as follows:
Sample 1
Amended Compensation. The total maximum compensation payable to Vendor during the Term is hereby increased from Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) to Three Hundred and Ten Thousand and 00/100 Dollars THIS AGREEMENT WILL BE POSTED ON THE CPS WEBSITE ($310,000.00) ("Amended Maximum Compensation Amount"). This Amended Maximum Compensation Amount shall apply to the Term ending on March 31, 2023 until and in such case as the Parties execute a First Renewal Agreement. With the exception of this change to Maximum Compensation, all other provisions in Section 3 remain unchanged.
Sample 1
Amended Compensation. The total maximum compensation payable to Vendor during the Term is hereby increased from Two Million Eight Hundred Fifty-Six Thousand and 00/100 Dollars ($2,856,000.00) to Four Million Seventy-One Thousand and 00/100 Dollars ($4,071,000.00) ("Amended Maximum Compensation Amount"). This Amended Maximum Compensation Amount shall apply to the Term commencing on October 1, 2021 and continuing through September 30, 2023 pursuant to Board Report 21-0728-PR12, as amended, until and in such case as the Parties execute a First Renewal Agreement. With the exception of this change to Maximum Compensation, all other provisions in Section VIII remain unchanged.
Sample 1
Amended Compensation. Vendor shall be paid in accordance with the fees and costs set forth in Exhibit B–1 Amended Payment Schedule, attached hereto and incorporated herein. The maximum compensation payable to Vendor for the Renewal Term shall not exceed Five Hundred Thirty-Two Thousand Two Hundred Sixty One and 84/100 Dollars ($532,261.84) (“Maximum Compensation Amount”). It is understood and agreed that the Maximum Compensation Amount is a ‘not-to-exceed amount’ and is not a guaranteed payment. Compensation shall be based on actual Services performed during the Renewal Term, and the Board shall not be obligated to pay for any Services or other deliverables not in compliance with this Renewal Agreement. No expenses shall be reimbursed under this Renewal Agreement. In the event the Renewal Agreement is terminated early, the Board shall only be obligated to pay the fees incurred up to the effective date of termination and Vendor shall promptly refund to the Board any payments received from Services and deliverables not provided. THIS AGREEMENT WILL BE POSTED ON THE CPS WEBSITE.
Sample 1
Amended Compensation. The total maximum compensation payable to Vendor during the Term is hereby increased from Three Hundred and Thirty Thousand and 00/100 Dollars ($330,000.00) to Three Hundred and fifty Five Thousand and 00/100 Dollars ($355,000.00) ("Amended Maximum Compensation Amount"). This Amended Maximum Compensation Amount shall apply to the Term ending on June 30, 2022. With the exception of this change to Maximum Compensation, all other provisions regarding compensation shall remain unchanged.
Sample 1

Related to Amended Compensation

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Consulting Compensation In consideration for the services to be provided by the Consultant pursuant to Section 1, above, the Consultant shall be compensated as follows:

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Nonqualified Deferred Compensation (a) It is intended that any payment or benefit which is provided pursuant to or in connection with this Agreement which is considered to be deferred compensation subject to Section 409A of the Code shall be paid and provided in a manner, and at such time and form, as complies with the applicable requirements of Section 409A of the Code to avoid the unfavorable tax consequences provided therein for non-compliance.

  • Incentive Compensation Plans The occurrence of any of the following: (i) a material reduction by the Corporation in the Executive’s (A) annual incentive compensation target or maximum opportunity, or (B) long-term incentive compensation target or maximum opportunity (measured based on grant date fair value of any equity-based awards), in each case, as in effect immediately prior to the Change in Control, or (ii) a change in the performance conditions, vesting, or other material terms and conditions applicable to annual and/or long-term incentive compensation awards granted to Executive after the Change in Control which would have the effect of materially reducing the Executive’s aggregate potential incentive compensation from the level in effect immediately prior to the Change in Control; or

  • Change in Compensation If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

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